Penfold's new Chinese strategy | Revolut's pre-IPO raise | Kathmandu's freezing cold performance
Penfolds is planning to re-enter the Chinese market with a bang after the monster tariffs have been removed from winemakers.
Revolut, the UK-based neobank, is looking to sell $500 million of shares as it prepares for one of the biggest IPOs of the year.
Kathmandu’s owner, KMD Brands, has seen half-year sales drop 8.4% and its winter sales are going to be worse-than-expected.
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